Question
The following data pertain to Aurora Electronics for the month of February. Static Budget Actual Units sold 15,000 12,000 Sales revenue $ 165,000 $ 122,400
The following data pertain to Aurora Electronics for the month of February.
| Static Budget | Actual | |||||||
| Units sold | 15,000 | 12,000 | ||||||
| Sales revenue | $ | 165,000 | $ | 122,400 | ||||
| Variable manufacturing cost | 6,000 | 42,000 | ||||||
| Fixed manufacturing cost | 20,000 | 20,000 | ||||||
| Variable selling and administrative cost | 10,000 | 7,000 | ||||||
| Fixed selling and administrative cost | 10,000 | 10,000 | ||||||
Compute the sales-price and sales-volume variances for February. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)
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CISA Certified Information Systems Auditor Bundle
Authors: Peter H. Gregory
1st Edition
1260459861, 978-1260459869
